Answer: A UFOC (Uniform Franchise
Offering Circular) is a legal
disclosure document that contains specific information about
a franchisers offering that must be provide to all
prospective franchisees by law before a franchise agreement
can be executed. Some of the information required in a UFOC
includes the franchisers business experience, litigation
history, bankruptcies, franchise fees, initial investment,
territory info, the and franchisers and franchisees
obligations. Important Note: As of July 2000 the UFOC has been
renamed the FDD (Franchise Disclosure Document) by the FTC.
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